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Nada
Nada is a 31-year-old married woman and the mother of two children. Four years ago, she decided to open a used clothing and shoe shop in her town in the Bekaa.

She has already received two micro-loans from A. Majmoua and has consistently paid on time. Her previous loans helped her to improve her business and to purchase merchandise. Her clients like coming to her because she has low prices and offers good quality merchandise.

Today, Nada is planning on taking another Kiva loan so she can continue to expand her business and purchase more merchandise.

Additional Information

About Al Majmoua – Lebanese Association for Development

The Lebanese Association for Development – Al Majmoua is Lebanon’s leading microfinance institution and the oldest Kiva partner in Lebanon. Al Majmoua’s vision is to “be the leader in creating an inclusive financial system where all people in Lebanon have access to affordable services.” Given Lebanon's diverse population, Al Majmoua lends to all nationalities, provided legal residency. The strong financial position achieved to date has allowed Al Majmoua to steadily lower its pricing over the years.


Based on the belief that non-financial services play a complementary role in improving the quality of life of the most vulnerable entrepreneurs, Al Majmoua has established a solid Business Development Services program for both borrowers and non-borrowers with a focus on women and youth.

About Lebanon

  • $5,900
    Average annual income
  • 50
    View loans »
    Lebanon Loans Fundraising
  • $14,752,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Nada to purchase merchandise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2010
Listed
Apr 12, 2010
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2011